BBEU vs. VGK ETF Comparison

Comparison of JPMorgan BetaBuilders Europe ETF (BBEU) to Vanguard FTSE European ETF (VGK)

BBEU

JPMorgan BetaBuilders Europe ETF

BBEU Description

The investment seeks to provide total return. Under normal circumstances, the fund will invest at least 80% of its assets in bonds. It will invest at least 40% of its assets in countries other than the United States. The fund may invest in developed or emerging markets. It generally invests at least 25% of its assets in securities that, at the time of purchase are rated investment grade or the unrated equivalent. "Assets" means net assets plus the amount of borrowings for investment purposes. The fund may also use currency related transactions involving currency derivatives as part of its primary investment strategy.

Grade (RS Rating)

Last Trade

$61.86

Average Daily Volume

766,735

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VGK

Vanguard FTSE European ETF

VGK Description

The investment seeks to track the performance of a benchmark index that measures the investment return of stocks issued by companies located in the major markets of Europe. The fund employs an indexing investment approach by investing all, or substantially all, of its assets in the common stocks included in the FTSE Developed Europe Index. The FTSE Developed Europe Index is made up of approximately 497 common stocks of companies located in 17 European countries-mostly companies in the United Kingdom, France, Switzerland, and Germany (which made up approximately 34%, 15%, 14%, and 13%, respectively, of the index's market capitalization as of May 31, 2013).

Grade (RS Rating)

Last Trade

$70.26

Average Daily Volume

1,817,133

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BBEU	VGK
30 Days	3.72%	2.09%
60 Days	3.63%	3.20%
90 Days	4.10%	4.18%
12 Months	20.54%	20.56%

10 Overlapping Holdings

Symbol	Grade	Weight in BBEU	Weight in VGK	Overlap
ABBV	B	0.79%	0.7%	0.7%
BCS	B	0.39%	0.36%	0.36%
DEO	C	0.64%	0.55%	0.55%
E	C	0.29%	0.29%	0.29%
FLUT	B	0.32%	0.28%	0.28%
LYG	B	0.42%	0.38%	0.38%
NVS	B	2.17%	1.81%	1.81%
QGEN	B	0.09%	0.08%	0.08%
STLA	F	0.29%	0.28%	0.28%
UL	A	1.49%	1.2%	1.2%

BBEU Overweight 1 Positions Relative to VGK

	Symbol	Grade	Weight
	CCEP	B	0.15%

BBEU Underweight 7 Positions Relative to VGK

Symbol	Grade	Weight
SW	B	-0.18%
LOGI	F	-0.11%
FRO	C	-0.03%
HAFN	D	-0.02%
FLNG	C	-0.01%
GOGL	D	-0.01%
TRMD	D	-0.01%